Replies to post #357 on Dutch Gold Resources Inc. (fka DGRI)

[Joeiniowa]

Tom,

I spent half a day walking through every part of the mill and it is not the only flotation mill I have been through. The guy running it has over 25 years experience running mills and knows his stuff. There was no BS and all my questions were answered. Like any mill you have to work through the issues. As you heard in the recent presentation they have been ramping up production and were at 150 tpd in October. They can run at 330 tpd with ability to expand to 430 tpd in the future. The one thing I know for sure is the mill is fully permited and the only one within any distance for mines to utilize going forward. If you look at the CDE release from yesterday they just brought their 240 tpd flotation mill online at a cost of around $15M and 9 months. I am sure they had much larger resources doing theirs and I bet they ran into issues along the way.

Any way you slice it have a Happy Holiday and good luck with your investments.

Joe

[stockmann]

Tom,

Ben did call me back but I missed his call. Although being intimately familiar with the company and its operations, I am interested to hear from Mr. Mundie as to your concern.

Everything Joe has conveyed to you is true. Like you said, audited financials should have been completed by now. I would expect you will see them very shortly.

I would again suggest you look into your 5000 ton figure on an exploration permit as I'm quite sure it is actually 16,000 tons per claim and Dutch has over 40 seperate claims. I believe they can operate on the exploration permit for some time despite the fact that they are currently working on the additional permitting just as Joe stated.

I will let you know what I hear from Mr. Mundie when we stop playing telephone tag.

Happy Holidays!

SM